Share this article
Crypto Lender Nexo Sponsors Europe's Premier Golf Tour for Eight-Figure Sum
Nexo will become the tour's official digital asset and wealth partner through 2027.
Updated Jul 2, 2025, 9:04 a.m. Published Jul 2, 2025, 9:00 a.m.
What to know:
- Crypto lender Nexo signed a three-year sponsorship deal with the DP World Tour, Europe's foremost golf tour, for an "eight-figure sum."
- One of the tour's events, the Scottish Championship, will be renamed the Nexo Championship as part of the deal.
- The Nexo Championship will take place at Trump International Golf Links in Aberdeen, on Aug. 7-10.
Crypto lender Nexo signed a three-year sponsorship with DP World Tour, Europe's foremost golf competition, for more than $10 million in a deal that see will the company become the tour's official digital asset and wealth partner through 2027.
A spokesperson for the company declined to give a specific value to the deal, saying only that it was an eight-figure sum.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
One of the tour's events, the Scottish Championship will be renamed the Nexo Championship. It will take place at President Trump's course, Trump International Golf Links in Aberdeen, on Aug. 7-10.
The deal caps a fruitful few months for the crypto lender, which said in April that it was reentering the U.S. market. It left the country in 2022, saying its negotiations with regulators over its Earn Interest Product had hit a "dead end."
"Thanks to the vision and leadership of President Donald J. Trump, his administration, and his family, the United States is once again a place where innovation is championed, not stifled," co-founder Antoni Trenchev said.
Higit pang Para sa Iyo
Ano ang dapat malaman:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Higit pang Para sa Iyo
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
Ano ang dapat malaman:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
